Gurvinder Nokwal REALTOR®
For Sale Other 562 days on market

$39,900

Est. payment $177/moCalculate yours

1052 Rat Bay Road 111-8, Lake of Bays, ON P0A 1H0

Franklin, Lake of Bays, ON P0A 1H0

  • 2 Beds
  • 2 Baths
  • 900 Sq Ft
Map

Listing courtesy of Chestnut Park Real Estate MLS® X12061479

About this home

MOTIVATED SELLER try your offer! Blue Water Acres FRACTIONAL ownership means that you share the cottage with 9 other owners but you will own yourself a 1/10th share of the cottage (your “Interval” week) and a smaller share in the entire resort. This cottage is known as 111 Algonquin. It’s a favourite at Blue Water Acres with 2 spacious bedrooms and 2 bathrooms. The core summer week in 2026 will start on August 16/26. The cottage has a cozy propane fireplace and a screened-in Muskoka Room. You will have exclusive use of the cottage for 5 weeks of the year. The check-in day for Week 8 is Sunday. Weeks in 2026 start on Feb 15, May 24, August 16 (core/fixed week), October 11, and December 6. 2026. The 4 floating weeks rotate each year so it’s fair to all the owners. There are many amenities at Blue Water Acres: hot tub/sauna, linens and towels supplied, kayaks, paddle boats, a beautiful sand beach, 300 ft of waterfront on Lake of Bays, indoor swimming pool, owners’ gathering room with grand piano and large TV screen , games room with pool tables, ping pong table, shuffle board & foosball, fitness room, tennis/pickleball court, basketball courts, large children’s playground & equipment. You can moor your own boat during your own boating season weeks. Winter tube slide, skating rink & fire pit. There is so much to do here! All cottages are pet-free and smoke-free. This is an affordable way to enjoy cottage life without the cost or hassles of full cottage ownership. Maintenance fees include everything and are paid in the fall for the following year. The ANNUAL fee for EACH of the owners in 111 Algonquin cottage for 2026 is $5,127 + HST. This fee can be paid in two installments, November and March. There is NO HST on the purchase price of the cottage. It’s a unique way to own a part of Muskoka. Your weeks can be traded for weeks at other luxury resorts around the world. Some photos & floor plan shown are for a similar cottage but may not be identical to the subject cottage.

Property details

Overview

Property Type
Other
Style
Bungalow
For
For Sale
Status
Extension
Approximate Age
16-30
Size
900 sqft

Interior

Bedrooms
2
Bathrooms
2
Kitchens
1
Basement
None

Building & Systems

Heating
Baseboard (Electric)
Exterior
Wood
Foundation
Concrete Block
Roof
Asphalt Shingle

Lot & Parking

Parking
None garage · 2 total

Financial

Condo Fee
$427/mo
Fee Includes
Heat Included, Hydro Included, Water Included, Common Elements Included, Building Insurance Included, Condo Taxes Included
Pets
No

Location

Neighbourhood
Franklin
Cross Street
Hwy 60 and South Portage Rd

Listing

MLS® Number
X12061479
Days on Market
562
Listed On
2025-04-04
Possession
Flexible
Listed By
Chestnut Park Real Estate

Rooms

Room Level Dimensions
Primary Bedroom Main 17′ 10″ × 11′ 0″
Bathroom Main 10′ 0″ × 12′ 8″
Kitchen Main 8′ 8″ × 14′ 2″
Bedroom Main 10′ 8″ × 11′ 0″
Bathroom Main 10′ 10″ × 10′ 10″
Living Room Main 19′ 3″ × 10′ 0″
Dining Room Main 11′ 0″ × 14′ 2″
Sunroom Main 13′ 9″ × 17′ 8″

Features

Interior

  • Water Heater Owned

Property

  • Beach
  • Lake/Pond
  • Waterfront

Amenities

  • Indoor Pool
  • Party Room/Meeting Room
  • Visitor Parking
  • Recreation Room
  • Tennis Court
  • Sauna
Included
All fixtures, furnishings, appliances as part of the fractional unit
Excluded
None
Rental items
None

Mortgage calculator

Minimum for this price: $1,995 (5%)

Amortization, years

Estimated mortgage payment

$177 per month

Principal and interest
$177
Property tax
$0
Condo fees
$427
Estimated monthly cost
$604

Your mortgage

Mortgage amount
$31,920
Mortgage insurance
Not needed
Interest over 25 years
$21,081

Cash to close

Down payment
$7,980
Land transfer tax
$200
Total, before legal fees
$8,180
Talk to me about financing

Estimates only, not a mortgage offer or financial advice. Uses the Canadian fixed-rate convention (interest compounded twice a year), 2026 mortgage insurance premiums and Ontario land transfer tax. Your lender will confirm your actual rate and payment.

Location

1052 Rat Bay Road 111-8, Lake of Bays, ON P0A 1H0 Franklin, Lake of Bays, ON P0A 1H0
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Listing data is provided under license and deemed reliable but not guaranteed. MLS®, Multiple Listing Service® and associated logos are trademarks of The Canadian Real Estate Association (CREA).

$39,900 1052 Rat Bay Road 111-8, Lake of Bays, ON P0A 1H0
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